People consider filing bankruptcy when the alternative has become worse. Figuring out if you are at that point though can be difficult. One misconception that makes people hesitate to file bankruptcy is the impact on their credit.

Bankruptcy is not on anyone's list of fun things to do. The promise of relief that comes from stemming this negative tide is the deciding factor for most people. If you've filed bankruptcy, and are still being bothered by your creditors, there are some things you can do.

Many people would agree that disparate treatment based on race is wrong, but how can we try to remedy the situation when so few people are willing to create policies and practices that explicitly address such forms of structural racism?

Attorneys often tout bankruptcy as an easy way to get out of debt, but they downplay some of the serious long-term consequences. Before you decide if bankruptcy is right for you, consider seven realities first.